Toh Boon Yi, part of the local organising committee for the June 5-16 biennial Games, told reporters on Thursday that costs would stay within S$324.5 million (156 million pounds) after initial sponsorship targets of S$50 million had been exceeded.
"Thankfully, we're now in a slightly more comfortable position because of the sponsorship amount we've raised," Toh said after another partner came on board to boost sponsor income past S$70 million.
"As in all projects, it's important to have good financial discipline and framework, and we've applied all these to the running of the SEA Games."
Singapore spent close to S$400 million on the first Youth Olympics in 2010, more than three times initial budget figures, drawing some locals to label the event a waste of money.
(Writing by Patrick Johnston in Singapore; Editing by John O'Brien)
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